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Blogs - Grievance Redressal Archives - Centrik

CentrikBlogsGovernment AdvisoryGrievance Redressal

Category: Grievance Redressal

UP-RERA directs ‘Jal’ to complete ‘Jaypee Greens Knight Court’ project with allottees support

Posted by AdminPosted on February 10, 2021February 23, 20210 CommentsCategories Government Advisory, Grievance Redressal, Registration And Compliance, RERA ConsultingTags completion of construction work, Delay Project by the Developer, Delay Projects under UPRERA, delivery of houses to the homebuyers, homebuyers of Jaypee Greens Knight Courts, Instructions of RERA, project with allottees support, Relief for homebuyers under RERA, relief to the homebuyers, RERA in Uttar Pradesh

The decision was taken on the demand made by the homebuyers of Jaypee Greens Knight Courts that the promoter completes the remaining work because a new developer may further delay the project.

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Fake Commercial Transactions will not constitute ‘Financial Debt’ under IBC: SC

Posted by AdminPosted on February 10, 2021February 10, 20210 CommentsCategories Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Registration And ComplianceTags corporate debtor under IBC, definition of the financial debt under IBC, Fake Commercial Transactions, Financial Creditors, financial debt under IBC, Insolvency and Bankruptcy Code, Insolvency Resolution of a Corporate Debtor, NCLT and IBC, Proviso of the IBC

A perfect decision by the SC where the parties perform activities to avoid any commercial transactions which are collusive in nature or where financial creditor escape the bar under Section 21(2) first proviso of the IBC.

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Banks cannot auction defaulting projects without allottees’ consent- HARERA

Posted by Adv. Srishti GirdharPosted on December 16, 2020December 16, 20200 CommentsCategories Grievance Redressal, Legal Advisory, RERA ConsultingTags auction of a loan-defaulting project, Best RERALawyers Near Me, Construction Loan for the Project, Haryana RERA, Loan-defaulting Project, protection of interest of homebuyers, recover damages, Rights of the allottees of the Project, Top RERA Consultants in Delhi

HARERA has barred the auction of a loan-defaulting project by bank to recover damages without prior adjustment of allottees’ dues.

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PETITION BEFORE NCLT CAN BE ADMITTED EVEN IF A LIQUIDATOR HAS BEEN APPOINTED BY THE HIGH COURT

Posted by AdminPosted on October 7, 2020October 13, 20202 Comments on PETITION BEFORE NCLT CAN BE ADMITTED EVEN IF A LIQUIDATOR HAS BEEN APPOINTED BY THE HIGH COURTCategories Authentic Legal Advice, Benchmarking, Corporate Litigation-All In Way, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Project Funding, Registration And Compliance, RERA ConsultingTags appointment of IRP if OL is there, companies act vs IBC, IBC petition can be filed before NCLT, IRP vs Official liqudator, Official liquidator vs IBC

Petition before NCLT can be admitted even if official liquidator has been appointed by the High Court (Held By NCLT and Hon’ble Supreme Court)

2 Comments on PETITION BEFORE NCLT CAN BE ADMITTED EVEN IF A LIQUIDATOR HAS BEEN APPOINTED BY THE HIGH COURT
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Why Filing of Claim is Necessary under IBC

Posted by Adv. Upmanyu KumarPosted on September 23, 2020September 24, 20200 CommentsCategories Benchmarking, Grievance Redressal, Insolvency & Bankruptcy Code 2016Tags best resolution plan for the corporate debtor, claim against the corporate debtor, Claim filed by the Financial Creditors, Creditor fails to file the claim before the Resolution Plan, File claims before IRP, File claims before RP, File the claim before the Resolution Plan, Filing Claim under IBC, IBC Laws for Corporate Debtors

Filing Claim under IBC- It becomes very important to understand why every creditor should file their claims?

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Compliance of Recovery Certificate (RC) issued by RERA in Uttar Pradesh

Posted by Adv. Devesh SaxenaPosted on August 21, 2020August 21, 20209 Comments on Compliance of Recovery Certificate (RC) issued by RERA in Uttar PradeshCategories Authentic Legal Advice, Grievance Redressal, RERA ConsultingTags Builder fail to deliver the Possession, Builder refuses to return the Booking Amount, Compliance of Recovery Certificate, compliance of the RC issued by the RERA, Filing complaint with RERA, Grievances against Builders, Grievances against Developers, Procedure to Recover Land Revenue, Provisions to claim compensation, RC issued by the RERA Authority, Recovery of Land Revenue, recovery process in compliance of the Recovery Certificate, Top RERA Lawyers in Uttar Pradesh, What if RC is not recovered

An allottee can write a representation addressed to the DM explaining his grievance and praying for the compliance of the RC issued by the RERA within a specified period of time.

9 Comments on Compliance of Recovery Certificate (RC) issued by RERA in Uttar Pradesh
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REVERSE INSOLVENCY – GOOD FOR ALL (HOMEBUYERS & BUILDER)

Posted by Amarpal JakharPosted on August 8, 2020August 8, 20200 CommentsCategories Authentic Legal Advice, Benchmarking, Business Advisory, Cross Border Advisory, Debt Recovery Management, Government Advisory, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Legal Outsourcing, Project Funding, Registration And Compliance, RERA ConsultingTags diversion of funds, Financial Creditor under IBC, NCLT to initiate the CIRP, Provisions of IBC, reverse CIRP against a real estate company, Reverse CIRP NCLAT, Reverse CIRP under IBC, reverse corporate insolvency process, Reverse Insolvency, reverse insolvency under IBC, right of homebuyers, What is Reverse Insolvency

Reverse Insolvency Under IBC laws, seems best solution for struck real estate projects and Reverse Insolvency concept is kind good for both homebuyer and builder

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In first of its kind, RERA Handovers the Project to Residents

Posted by AdminPosted on October 31, 2019December 18, 20190 CommentsCategories All For Startup, Business Advisory, Corporate Litigation-All In Way, Debt Recovery Management, Grievance Redressal, Legal Advisory, Legal Outsourcing, Registration And Compliance, RERA ConsultingTags claims of the complainants, completion of abandoned projects, completion of remaining project, judgement by the Panchkula RERA, Panchkula RERA Handover the project to residents, project handover by RERA, Project handover to association, RERA case against stalled project, RERA handovers the project to residents

1st of kind order from Hon’ble RERA, which is unique and real justice in real estate history. In the said case, the uncompleted project was handed over to the association to construct it through the pooling of money

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Homebuyers approach HC against change in RERA Authority jurisdiction in Refund Cases

Posted by AdminPosted on July 24, 2019December 5, 20191 Comment on Homebuyers approach HC against change in RERA Authority jurisdiction in Refund CasesCategories Authentic Legal Advice, Debt Recovery Management, Grievance Redressal, Legal Advisory, Legal Outsourcing, RERA ConsultingTags Appeal to high court in RERA, litigation under RERA, refund for homebuyers, refund of money paid with interest under RERA, refund of money under rera, Refund under RERA, RERA complaint claiming refund of money along-with interest and compensation?, What if the refund is not allowed by Adjudicating officer?

Homebuyer filed appeal before P & H High court against order Haryana RERA Tribunal which held that RERA authority does’t power to grant refund under RERA.

1 Comment on Homebuyers approach HC against change in RERA Authority jurisdiction in Refund Cases
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Brief of Supreme Court’s Verdict on Amrapali Mess

Posted by Adv. Nazuk SethPosted on July 24, 2019December 4, 20190 CommentsCategories Grievance Redressal, Legal Outsourcing, RERA ConsultingTags Amrapali Group of Companies under RERA, canceled registration of the Amrapali Group of Companies under RERA, cancellation of the lease, diversion of funds of homebuyers, fraud by Amrapali Group, phase-wise completion of the projects, Supreme Court’s Verdict on Amrapali Mess

A brief of verdict given by the Supreme Court on July 23, that the Amrapali Group has violated the doctrine of public trust by permitting diversion of funds of homebuyers.

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Latest Blogs

  • UPRERA imposes fine on 14 Promoters over non-compliance of its order February 18, 2021
  • Two-third consent of buyers must for changes in building plan: MahaRERA February 16, 2021
  • Registration Number mandatory at the time of Advertisement February 16, 2021
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